Diamondcorp Plc (LON:DCP) Receives Consensus Rating of “Buy” from Brokerages

Diamondcorp Plc (LON:DCP) has been given a consensus recommendation of “Buy” by the six analysts that are covering the stock. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 15.58 ($0.20).

Separately, Panmure Gordon reiterated an “under review” rating on shares of Diamondcorp Plc in a research note on Wednesday, September 21st.

Shares of Diamondcorp Plc (LON:DCP) opened at 4.625 on Friday. Diamondcorp Plc has a 12-month low of GBX 4.50 and a 12-month high of GBX 9.50. The stock’s 50 day moving average price is GBX 6.17 and its 200 day moving average price is GBX 6.75. The company’s market capitalization is GBX 20.60 million.

About Diamondcorp Plc

DiamondCorp plc is a United Kingdom-based focused on the re-development of the Lace Mine located 200km southwest of Johannesburg in the Free State Province of South Africa. The Company is developing the Lace underground mine to access the kimberlite pipe known to extend to depths below 850m. The project comprises the Lace kimberlite which has the potential to support a 25-year underground mining operation and tailings from previous mining operations.

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